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Bessemer Raises $350 Million Annex Fund

BY  Madhav A Chanchani
Bessemer will target innovative, high-growth companies around the world with new capital.

Bessemer Venture Partners, a US-based investment group, has raised a $350 million annex fund to supplement BVP VII, which it closed in June 2007. BVP VII  raised close to $1.1 billion, of which, the venture firm allocated $350 million...

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